Northern Upper Egypt For Development & Agricultural Production Co. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EGP 10.76 million compared to EGP 13.22 million a year ago. Net loss was EGP 0.123285 million compared to net income of EGP 3.17 million a year ago. Basic loss per share from continuing operations was EGP 0.002 compared to basic earnings per share from continuing operations of EGP 0.05 a year ago.
For the nine months, sales was EGP 29.49 million compared to EGP 15.97 million a year ago. Net income was EGP 0.339059 million compared to EGP 1.07 million a year ago. Basic earnings per share from continuing operations was EGP 0.005 compared to EGP 0.017 a year ago.